Edited by pdx5, 16 August 2007 - 06:15 PM.
Great Reversal but...
Started by
price-and-volume
, Aug 16 2007 03:51 PM
12 replies to this topic
#11
pdx5
-
- Traders-Talk User
- 9,530 posts
I want return OF my money more than return ON my money
Posted 16 August 2007 - 06:14 PM
Semibizz...I bookmarked your blog and will try to pay more attention to your posts.
And thanks!
Kisa...I read everyone of your posts, please keep them coming & also, thanks!
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#12
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 16 August 2007 - 06:26 PM
Semibizz...I bookmarked your blog and will try to pay more attention to your posts.
And thanks!
Kisa...I read everyone of your posts, please keep them coming & also, thanks!
BTW, I also nailed the B point of the ABC Down at 2492...Actual test 2491.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#13
LarryT
-
- Traders-Talk User
- 1,066 posts
Member
Posted 16 August 2007 - 06:33 PM
Was there a reason why SPX corrected 10% in such a short time?
If there was no good funnymental reason, then what exactly was the TA
reason and who predicted it coming? I mean a 10% correction coming.
With all the great TA minds on this board I am sure someone had to see
the magnitude of correction coming.
If there WAS a good funnymental reason for the correction, has that
problem been resolved, causing the market to reverse the sudden
decline? And if the problem has not been fixed yet, why should the
market advance 10% or even 5%?
Just wondering.
See charts, 6.85 Fibonacci extension target. http://marketcharts....ad.com/WAV.html
